Sports Betting Jackpots
What Is a Sports Betting Jackpot?
A sports betting jackpot is a special promotion that some of the largest book makers in the world offers to their players, giving them a chance to win a huge jackpot if they can predict the right outcome of multiple matches. Simply put you will need to predict up to 15 games on a single coupon, where the games has been chosen by the bookie and if you predict them all correctly then you will win the jackpot prize pool. The jackpots are part of a special betting pool, where a percentage of the money that you bet goes towards the combined prize pool, making it a progressive jackpot.
Most brokers will guarantee a minimum prize that you will win in case you trigger the jackpot, which ranges from £50,000 and up to £100,000 minimum prizes. The games you have to predict has been selected by the book maker and they will ask you to choose the outcome you believe will happen for each game, which amount of money you want to bet on each stake and you are ready to go.
How Do I Participate?
To participate in this special promotion you will need to join a betting pool with your book maker. The betting pool is where you are competing against other betters to be the one who predicts the right results and wins the jackpot. These betting pools can be found by going to the promotions site of the page and find the jackpot promotion. From there you will be send to a page where you have to opt-in to the promotion and begin predicting.
How Do I Win It?
To win the total jackpot prize pool, you will need to predict all of the games correctly. The amount of games you need to predict varies from bookie to bookie, but will commonly be between 13-15 games on the same coupon. Once done, all you need to do is to hope that you are right and if you are then you will be rewarded with life changing money. Should you be so unlucky that one or two of your games are predicted wrong, but the rest are correct, there is still money to be made. The bookie offers consolidation prizes for unlucky betters, which will usually be to give you odds 1.2 on every single one of your correctly predicted games, so you still win a small amount of money for your efforts.
Can I Withdraw the Jackpot Money?
You will always be able to withdraw your jackpot prize money without having to wager the money first. Since it is a jackpot and you are paying money towards winning it, it is not allowed for the bookie to ask you to do anything with the money and they have to pay you out if that is what you wish. Since it is a rather large amount that you will be winning, you will have to know that the payment may be split up into several payments, in order for the bookie to pay you the best way for them.